South America Cattle Feed Market is expected to grow at a compound annual growth rate of 3.44% over the forecast period to reach a market size of US$6.217 billion in 2024 from US$5.074 billion in 2018. Rapid urbanization and growing population in the region is expected to drive the growth of the market during the forecast period. In addition, growing cattle population in the region is expected to propel the market growth opportunities in the coming years. Furthermore, increasing focus on cattle health to prevent disease is further anticipated to boost the demand for cattle feed in the region during the forecast period.